Podcast Episodes
Back to Search![[Insurance] 3, Law of Large Numbers](https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg)
[Insurance] 3, Law of Large Numbers
Essential for predicting losses and setting premiums, reducing uncertainty for insurers. --
The CFP Exam is known for its difficulty, and as I embark …
1 year, 5 months ago
[Insurance] 1, Insurance Purpose
Protects against pure risks by identifying and transferring risk in areas like home, auto, and health. --
The CFP Exam is known for its difficulty, an…
1 year, 5 months ago
[Insurance] 4, Insurable Interest
Must exist at policy inception for life insurance and at both inception and loss for property/liability insurance. --
The CFP Exam is known for its di…
1 year, 5 months ago
[Insurance] 5, Agent vs. Broker
Agents represent insurers, while brokers represent policyholders, impacting policy negotiations. --
The CFP Exam is known for its difficulty, and as I…
1 year, 5 months ago
[Tax] 30, Deduction Clustering
Strategy to maximize deductions by alternating between itemized and standard deductions annually. --
The CFP Exam is known for its difficulty, and as …
1 year, 5 months ago
[Tax] 28, Gross Income Exclusions
Includes gifts, inheritances, life insurance proceeds, and certain employee benefits. --
The CFP Exam is known for its difficulty, and as I embark on …
1 year, 5 months ago
[Tax] 29, Charitable Contributions
Deduction limits based on AGI and type of property donated; carryover allowed for excess contributions. --
The CFP Exam is known for its difficulty, a…
1 year, 5 months ago
[Tax] 27, Gross Income Inclusions
Includes compensation, business income, interest, dividends, and certain fringe benefits. --
The CFP Exam is known for its difficulty, and as I embark…
1 year, 5 months ago
[Tax] 26, Below Market Loans
Imputed interest rules apply; exceptions for loans under $10,000 or with low net investment income. --
The CFP Exam is known for its difficulty, and a…
1 year, 5 months ago
[Tax] 21, Kiddie Tax
Unearned income over $2,600 taxed at parent's rate; applies to dependents under 19 or full-time students under 24. --
The CFP Exam is known for its di…
1 year, 5 months ago